5 Highly Effective Business Success Tips for Entrepreneurs
Running any type of business comes with countless challenges, and most times, there’s just not enough time to get everything done. Over 40% of business owners report that handling finances is challenging. If you are having these same challenges, you are not alone. Whatever type of business, the following 5 business success tips for entrepreneurs […]
How to Create a Small Business Budget – 7 Simple Steps
This article will walk you step by step on how to create a Small Business Budget. It does not matter what type of business you have. You will need a budget to inform good decisions. As a small business owner, with so much on your plate, from marketing, sales, customer service, employees, etc. it’s easy to postpone financial […]
7 Cash Flow Problems and Solutions
We review the top cash flow problems and solutions that small business face constantly As a small business owner, you cannot run out of money. That is a golden rule. Your business could be earning a large amount of revenue, but if your cash is tied up in inventory or your customers are not paying […]
Small Business Valuation
Many business owners have an assumption that the money they make from selling their business will fund their retirement, yet, most do not perform a formal business valuation until it’s time to sell. Unfortunately, many of these owners come to learn the hard way that their businesses have not created the value they hoped for […]
7 Ways to Reduce Small Business Costs
This article will walk you through 7 simplified ways to reduce small business costs Running a business cost money and as your business grows, so do the costs To help keep your profits up, you need to be creative about reducing your costs It really comes down to making smarter choices when deciding how to […]
4 STEPS TO A REMARKABLE FINANCIAL ROADMAP FOR YOUR BUSINESS!!
We spend so much of our lives planning. Planning our weekends, planning our next vacation, planning our dream home! Our businesses require the same type of diligent planning to achieve double-digit growth and success. A financial roadmap will help you understand 3 things: Your current financial status Your direction – where are you headed? Where […]
4 TIPS to know if your Small business is PROFITABLE!
In order to know if your small business is profitable, you need to look at your Income Statement and not your bank account. Just because you have money in your bank account does not mean that you are profitable. The Income Statement is a word that is thrown around quite a bit. But what does […]